Entergy Bills to Rise for Hurricane Repairs
Entergy customers in Louisiana will see their bills go up as early as August to pay for the utility's damage from hurricanes Ike and Gustav. More than a million customers are affected who are served by Entergy Louisiana and Entergy Gulf-States. The company will borrow $721 million for the repairs and to replenish a reserve fund to help cover damage costs from future storms. Entergy Gulf-States customers in the Baton Rouge region will see a surcharge on their bills of about $1.42 per 1,000 kilowatt hours.